Credit Control

You’ve provided the customer with their requirements and sent an invoice but haven't been paid. Let us take control of your customers with our tried and tested credit control service and get the cash where it is needed—In your bank account!

We will chase all debts up to 90 days past their due date and record all telephone calls, faxes and emails sent and report to you on a regular basis.

We can also help you fill in claim forms where a customer has been placed in administration or liquidation.

A robust credit control system ensures you are paid above those who do not chase for payment.

Reduce the amount of time a customer takes to pay.

Reduce the risk of bad debts.

Increase your available cash.

If you need to take legal action, you will have a stronger case when you can show the actions that have been taken to recover the debt.

Case Study: One of our clients has managed to reduce their debtor days (the average time it takes customers to pay) by over 30 days!

Result? More cash in the bank. Reduced risk of bad debt. Increased ability to pay suppliers—no more embarrassing “on stop” situations and more able to keep costs down now that credit rating has increased.

BUSINESS PLANING

Business Planning

How do you know if you’ve achieved your goal if you’ve never set one?

We can help you to predict your company’s performance by producing budgets and forecasts based on your expectations. These can then be matched to your actual results through our management accounts service.

These forecasts can also be used to raise finance (either from a bank or private equity), whether short term (e.g. overdraft) or long term (e.g. mortgage).

Because a business plan isn’t just about numbers, we can also conduct a review of your business to present a full proposal based on your strategy and market position within your industry.

Predict the likely outcome of decisions made today (is that investment worth making? Should you invest more?)

Increase your chances of securing financing.

Monitor the result of your decisions quickly and easily.

Identify more opportunities for your business.

Case Study: One of our clients realized that they were being overcharged by up to 20% by comparing actual results to budget expectations.

Result? A saving of over £1m over the six month period that they had been overcharged.